Cryptocurrency exchange Coinbase Global announced on Wednesday that it has invested in CoinDCX, with the Indian crypto platform stating that the deal places its post-money valuation at $2.45 billion.
This latest investment builds on several prior funding rounds from Coinbase Ventures, the venture capital arm of Coinbase Global. Back in April 2022, Coinbase Ventures had joined a $135 million fundraising round for CoinDCX, which at the time valued the exchange at $2.15 billion post-money.
As of July 2025, CoinDCX reported annualized group revenue of around $141 million and assets under custody totaling $1.2 billion.
“We believe India and its neighbors will help shape the future of the global on-chain economy. This transaction is subject to regulatory approvals and other customary closing conditions,” said Shan Aggarwal, Chief Business Officer at Coinbase, in the announcement.
Coinbase’s latest investment in CoinDCX underscores the growing confidence of global crypto players in India’s digital asset market. With a post-money valuation of $2.45 billion and strong revenue and asset metrics, CoinDCX is solidifying its position as a leading player in the Indian and regional crypto ecosystem. The partnership also signals a broader expansion of on-chain financial innovation in India and its neighboring markets, paving the way for future growth and global integration.
